 "bse, sensex, bombay stock exchange")
Chalet Hotels on Thursday made its debut on the bourses at a slight premium to its issue price. The stock got listed at Rs 294, a premium of five per cent to its issue price of Rs 280. The stock ended the session at Rs 292.40.
Post listing, the company commands a market capitalisation of Rs 5,986.70 crore. The Rs 1,641-crore initial public offer (IPO) of Chalet Hotels was subscribed 1.58 times last week. The offering garnered bids for 64.8 million shares as against 41 million on offer.
The institutional investor portion of the IPO was subscribed 4.6 times, and
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